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Sharm el-Sheikh resort

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Sharm el-Sheikh resort is being developed by the Qatari Diar Real Estate Investment Company in Egypt. This project will include a hotel, villas and an aquatic park. This project is expected to cost $250 million. The project is also being sponsored by Consolidated Contractors Company. Qatari Diar agreed to provide an additional $79.5 million to the project in October 2011.[1]

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